About This Property
Preston's Crossing offers 24 affordable units in Prestonsburg, Kentucky, with a mix of twelve 2-bedroom and twelve 3-bedroom apartments designed to serve families. The property has been in service since 2010 and is financed through 9% Low-Income Housing Tax Credits. Interested applicants can contact the property management for leasing information and eligibility details.
Waitlist Information
Waitlist managed by Housing Authority of Prestonsburg
Applicants are preferred if they live/work in Prestonsburg, are veterans, or are displaced by a natural disaster.
No current information found
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Floyd County, KY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $636 |
| 1 Bedroom | $668 |
| 2 Bedroom | $878 |
| 3 Bedroom | $1,062 |
| 4 Bedroom | $1,169 |
Income Limits - Floyd County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,050
- Low (80%)
- $30,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,750
- Low (80%)
- $34,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,450
- Low (80%)
- $39,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,150
- Low (80%)
- $43,450
- Extremely Low (30%)
- $29,350
- Very Low (50%)
- $29,350
- Low (80%)
- $46,950
- Extremely Low (30%)
- $31,500
- Very Low (50%)
- $31,500
- Low (80%)
- $50,450
- Extremely Low (30%)
- $33,700
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $35,850
- Very Low (50%)
- $35,850
- Low (80%)
- $57,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,050 | $30,450 |
| 2 Persons | $17,420 | $21,750 | $34,800 |
| 3 Persons | $21,960 | $24,450 | $39,150 |
| 4 Persons | $26,500 | $27,150 | $43,450 |
| 5 Persons | $29,350 | $29,350 | $46,950 |
| 6 Persons | $31,500 | $31,500 | $50,450 |
| 7 Persons | $33,700 | $33,700 | $53,900 |
| 8 Persons | $35,850 | $35,850 | $57,400 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Prestonsburg, KY?+
The Fair Market Rent (FMR) for Floyd County, KY is: $636 (Studio), $668 (1BR), $878 (2BR), $1062 (3BR), $1169 (4BR). Actual rent at subsidized properties like Preston'S Crossing is typically 30% of household income or less.
What size apartments are available at Preston'S Crossing?+
Preston'S Crossing offers the following unit types: 12 Two-Bedroom, 12 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at Preston'S Crossing?+
Preston'S Crossing is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Floyd County, KY?+
For a 4-person household in Floyd County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,150, Low Income (80% AMI): $43,450. These limits are set by HUD and updated annually.
Who is eligible to live at Preston'S Crossing?+
Preston'S Crossing primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Preston'S Crossing?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Prestonsburg, KY?+
Based on Fair Market Rent for Floyd County, the estimated price range is: 2-bedroom: $878, 3-bedroom: $1062. Actual rent at Preston'S Crossing may be lower for income-eligible households.
Who manages Preston'S Crossing?+
Preston'S Crossing is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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